Property profile

10331 W Lincoln Hwy Frankfort, IL 60423

FOR SALE
Commercial land
Property ID
US28-3190258
0 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,132 square foot office space is situated in the desirable Brookside Commons on West Lincoln Highway in Frankfort, Illinois. The end-unit location offers excellent visibility and convenient access from Route 30. The main level, encompassing 1,566 square feet, features a well-designed layout perfect for a variety of professional uses, including marketing, accounting, legal, insurance, or medical practices. The space includes a welcoming reception area, three private offices, an executive office with its own private bathroom, a spacious open workspace ideal for collaboration, a convenient kitchen/lunchroom, and a dedicated conference room for meetings. Ample storage is available throughout the main level, complemented by a shared bathroom in the main hallway. A full basement provides additional storage, a full bathroom, and a large unfinished area offering significant potential for expansion or customization to meet specific business needs. Natural light streams into the office through numerous windows, creating a bright and inviting atmosphere. The property boasts ample parking for numerous vehicles. The monthly HOA assessment of $465.74 covers essential services including parking lot maintenance, snow removal, landscaping, and garbage pickup, ensuring a hassle-free ownership experience. This property presents a remarkable opportunity for businesses seeking a high-profile location with exceptional amenities and convenient access. The asking price is $399,999.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0 ac (183 SF)
APN 19-09-21-304-076
UPID US28-3190258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School

Location

10331 W Lincoln Hwy Frankfort, IL 60423
Frankfort metro Census 883516 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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